5 ASX dividend shares to buy for an income boost

Man holding out Australian dollar notes, symbolising dividends.

For investors chasing income, the Australian share market remains one of the best places to look.

With that in mind, here are five ASX dividend shares that could be worth considering if you want an income boost:

APA Group (ASX: APA)

APA is one of Australia’s leading energy infrastructure companies. It owns and operates gas pipelines and energy assets across the country. The company’s revenues are largely regulated or contracted, which provides strong visibility over future cash flows. This stability has allowed APA to steadily grow its distributions over time. In fact, APA has been able to increase its dividend each year for over a decade. APA is guiding to a dividend of 58 cents per share in FY 2026. This represents a dividend yield of approximately 6.4%.

BHP Group Ltd (ASX: BHP)

Another ASX dividend share that could be worth a look is BHP. It is of course one of the world’s largest diversified miners, generating enormous cash flow from its iron ore, copper, and metallurgical coal operations. While commodity prices can bounce around, BHP’s low-cost operations and strong balance sheet have enabled it to pay substantial dividends across cycles. Morgans expects a dividend of $2.15 per share in FY 2026. This would mean a dividend yield of 4.5%.

Dicker Data Ltd (ASX: DDR)

Dicker Data is an IT hardware and software distributor with a long track record of steady revenue growth, resilient margins, and rising dividends. As digital infrastructure spending grows across the corporate sector, Dicker Data is positioned to continue rewarding shareholders with fully franked dividends. It currently trades with a trailing dividend yield of 4.3%.

Telstra Group Ltd (ASX: TLS)

As Australia’s largest telecommunications provider, Telstra generates steady cash flows from its mobile and network businesses. The good news is that strong demand for 5G and data services, together with periodic price increases and a focus on cost control, means Telstra is expecting to grow its dividend over the remainder of the decade. Macquarie expects an increase to 20 cents per share in FY 2026. This represents a fully franked 4.2% dividend yield.

Transurban Group (ASX: TCL)

Transurban is a leading owner and operator of toll roads across Australia and North America. These roads generate recurring revenue supported by long-term concessions and inflation-linked toll increases. The team at Citi expects this to underpin an increase in its dividend to 69.5 cents per share in FY 2026. This would mean a 5% dividend yield at current prices.

The post 5 ASX dividend shares to buy for an income boost appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group and Transurban Group. The Motley Fool Australia has positions in and has recommended Apa Group, Dicker Data, Macquarie Group, Telstra Group, and Transurban Group. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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